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Get the free (1) Represents par value of QUOT common stock

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FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
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How to fill out 1 represents par value

01
Identify the company's authorized shares of stock.
02
Determine the par value per share of the stock.
03
Multiply the par value by the number of shares being issued to find the total par value for that issuance.
04
Record the total par value on the stock certificate or in the company's records.

Who needs 1 represents par value?

01
Companies issuing stock to investors
02
Accountants preparing financial statements
03
Regulatory agencies requiring disclosure of par value
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Par value of a stock represents the minimum value per share that a company is willing to issue and the price at which a share will be issued initially.
Any company issuing shares with a par value is required to file it with the appropriate regulatory authorities.
The par value can be filled out in the company's articles of incorporation or other relevant regulatory forms.
The purpose of par value is to give a monetary value to a company's shares and provide a basis for calculating legal capital.
The par value, number of shares issued, and total legal capital must be reported when filing par value.
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